Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards / Combating the Financing of Terrorism (CFT) Obligation of Authorised Persons under Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 Money changing activities https://www.taxtmi.com/circulars?id=12004 Where the address on a prospective customer's identity document matches the customer's declared current address, the document may serve as proof of both identity and address; otherwise a separate proof of address must be obtained. The instruction eases customer compliance, leaves other KYC/AML requirements unchanged, applies to agents and franchisees with franchisers responsible for their compliance, and requires Principal Officer acknowledgement. en-us Wed, 02 Jan 2013 00:00:00 +0530 Thu, 03 Jan 2013 11:29:00 +0530 TaxTMI RSS Generator Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards / Combating the Financing of Terrorism (CFT) Obligation of Authorised Persons under Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 Money changing activities https://www.taxtmi.com/circulars?id=12004 Where the address on a prospective customer's identity document matches the customer's declared current address, the document may serve as proof of both identity and address; otherwise a separate proof of address must be obtained. The instruction eases customer compliance, leaves other KYC/AML requirements unchanged, applies to agents and franchisees with franchisers responsible for their compliance, and requires Principal Officer acknowledgement. Circulars FEMA Wed, 02 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=12004